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Originally Posted by Mike78613
So where are you at now?
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Superficially this is off topic. But the implied point is relevant as we should adapt to the deteriorating housing markets and severe economic conditions. The fact is there are a lot worse places to live. But to answer your question: the Midwest.
The Texas summer of 2006 was absolutely brutal. We had on our air conditioning even in December. I'd grown tired of leaving on the air conditiong for 10 months out of the year. An not being able to enjoy picnics in the summer. Whether there is global warming or not who knows? But there is no denying that DFW temperatures are increasing.
The goals were less traffic congestion, cooler temperatures, four seasons, lower energy costs, ample water supply and having the flexibility to pay reasonable rent with no long term commitments.
After 60 years of appreciation home ownership today is no bargain. It severely limits your freedom to move when necessary. Paying two mortgages is no fun!
As a pastor once advised: it’s ok to take out a loan on a non-depreciating asset. But this is not the case today. Renting is a bargain at approximately 50% of the costly mortgage cycle: taking out the loan, paying taxes and then selling. Let’s not forget the costly (both time and money) maintenance nightmare any house requires. I was Home Depots and Lowe’s best customer.

Lastly do not do what others lead you on too do. I laughed out loud at the superficial Mansfield inclusion in the 100 best places ratings. Did they really do their research and talk with people who live there? It’s no different than buying stocks recommended in the business section (when they are generally at their peak).
Now people contemplating a move can discard the rosy Camber of Commerce propaganda and concentrate on the real issues (as in reading here). I’d really enjoy debating someone who disagrees with the facts I’ve raised.
As always I’d recommend renting in an unfamiliar area for a year or two first before making any costly commitments.